Industria Group: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Industria Group
Largest movements
- Tangible fixed assets +€5.0m
up €5.0m (+1,212%), from €411,513 to €5.4m
- Current investments +€700,000
up €700,000 (+117%), from €600,000 to €1.3m
- Deferred charges and accrued income +€414,437
up €414,437 (+53.8%), from €769,688 to €1.2m
- Revaluation surpluses +€5.0m
new in 2025: €5.0m
- Reserves +€1.4m
up €1.4m (+63.5%), from €2.1m to €3.5m
- Debts after one year -€970,430
down €970,430 (-10.3%), from €9.4m to €8.4m
- Other debts +€656,058
up €656,058 (+140%), from €469,705 to €1.1m
- Financial income +€405,553
up €405,553 (+50.4%), from €804,211 to €1.2m
- Other operating charges -€137,116
down €137,116 (-79.5%), from €172,380 to €35,264
- Taxes +€25,280
up €25,280 (+85.2%), from €29,680 to €54,960
- Financial charges -€14,444
down €14,444 (-9.1%), from €158,626 to €144,182
- Gross operating margin -€11,391
down €11,391 (-2.8%), from €408,135 to €396,744
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,689,320 | €18,732,189 | +€6.0m | +47.6% |
| Fixed assets | 21/28 | €11,076,410 | €16,064,897 | +€5.0m | +45.0% |
| Tangible fixed assets | 22/27 | €411,513 | €5,400,000 | +€5.0m | +1,212% |
| Land and buildings | 22 | €411,513 | €5,400,000 | +€5.0m | +1,212% |
| Financial fixed assets | 28 | €10,664,897 | €10,664,897 | = | 0.0% |
| Current assets | 29/58 | €1,612,910 | €2,667,292 | +€1.1m | +65.4% |
| Amounts receivable within one year | 40/41 | €142,741 | €129,718 | -€13,024 | -9.1% |
| Trade receivables | 40 | €93,764 | €60,786 | -€32,978 | -35.2% |
| Other amounts receivable | 41 | €48,978 | €68,932 | +€19,954 | +40.7% |
| Current investments | 50/53 | €600,000 | €1,300,000 | +€700,000 | +117% |
| Cash at bank and in hand | 54/58 | €100,481 | €53,449 | -€47,032 | -46.8% |
| Deferred charges and accrued income | 490/1 | €769,688 | €1,184,125 | +€414,437 | +53.8% |
| Total equity and liabilities | 10/49 | €12,689,320 | €18,732,189 | +€6.0m | +47.6% |
| Equity | 10/15 | €2,242,240 | €8,602,829 | +€6.4m | +284% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €5,000,625 | +€5.0m | |
| Reserves | 13 | €2,142,240 | €3,502,204 | +€1.4m | +63.5% |
| Distributable reserves | 133 | €2,142,240 | €3,502,204 | +€1.4m | +63.5% |
| Amounts payable | 17/49 | €10,447,080 | €10,129,360 | -€317,720 | -3.0% |
| Amounts payable after more than one year | 17 | €9,415,290 | €8,444,860 | -€970,430 | -10.3% |
| Financial debts | 170/4 | €9,415,290 | €8,444,860 | -€970,430 | -10.3% |
| Amounts payable within one year | 42/48 | €947,245 | €1,639,579 | +€692,334 | +73.1% |
| Current portion of amounts payable after more than one year | 42 | €457,357 | €470,430 | +€13,073 | +2.9% |
| Financial debts | 43 | - | €20,168 | +€20,168 | |
| Credit institutions | 430/8 | - | €20,168 | +€20,168 | |
| Trade debts | 44 | €29 | €3,064 | +€3,035 | +10,452% |
| Suppliers | 440/4 | €29 | €3,064 | +€3,035 | +10,452% |
| Taxes, remuneration and social security | 45 | €20,153 | €20,153 | = | 0.0% |
| Taxes | 450/3 | €20,153 | €20,153 | = | 0.0% |
| Other amounts payable | 47/48 | €469,705 | €1,125,764 | +€656,058 | +140% |
| Accrued charges and deferred income | 492/3 | €84,546 | €44,921 | -€39,624 | -46.9% |
| Non-recurring operating income | 76A | - | €11,084 | +€11,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,138 | €12,138 | = | 0.0% |
| Other operating charges | 640/8 | €172,380 | €35,264 | -€137,116 | -79.5% |
| Gross operating margin | 9900 | €408,135 | €396,744 | -€11,391 | -2.8% |
| Operating profit (loss) | 9901 | €223,617 | €349,342 | +€125,725 | +56.2% |
| Financial income | 75/76B | €804,211 | €1,209,764 | +€405,553 | +50.4% |
| Recurring financial income | 75 | €804,211 | €1,209,764 | +€405,553 | +50.4% |
| Financial charges | 65/66B | €158,626 | €144,182 | -€14,444 | -9.1% |
| Recurring financial charges | 65 | €158,626 | €144,182 | -€14,444 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €869,202 | €1,414,924 | +€545,722 | +62.8% |
| Income taxes | 67/77 | €29,680 | €54,960 | +€25,280 | +85.2% |
| Profit (loss) for the period | 9904 | €839,522 | €1,359,964 | +€520,442 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €839,522 | €1,359,964 | +€520,442 | +62.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.